Responding to a worsening pandemic, Argentum assembled a working group of clinical experts to address key COVID-related challenges to help guide its assisted living members.
Several senior living companies were part of a roundtable that helped researchers identify five areas of change and developed person-centered practical solutions to address the unmet needs of people with dementia. The results of their work appear in the November issue of JAMDA, the journal of AMDA – The Society for Post-Acute and Long-Term Care Medicine.
The consumer insights company ranks assisted living/memory care and independent living providers and also shares additional findings about satisfaction in senior living communities based on almost 5,000 responses from residents and their families.
When it comes to planning for its post-pandemic future, executives at Brookdale Senior Living say that all eyes are on what happens with occupancy rates.
Brookdale Senior Living experienced a 2.8% decline in occupancy from the end of the second quarter to the end of the third quarter but expects improvements as move-ins increase along with consumer confidence in senior living, even as the coronavirus pandemic continues, the company said in releasing its third-quarter earnings results.
Revenue in Brookdale Senior Living’s Health Care Services segment, which includes home care and hospice, was flat compared with the second quarter but down 20% year-over-year, Brookdale President and CEO Lucinda “Cindy” Baier said Thursday on the company’s third-quarter earnings call.
Although not the reason behind Healthpeak Properties’ planned exit of its senior housing operating and triple-net lease portfolio businesses, COVID-19 certainly served as a catalyst for a full exit, CEO Thomas Herzog said Tuesday during the real estate investment trust’s third-quarter earnings call.
A shareholder of Brentwood, TN-based Brookdale Senior Living filed a securities lawsuit in federal court accusing company officials of misconduct in the course of their trying to meet financial targets.
Welltower likely to announce year-over-year decline in this week’s third-quarter earnings report: Zacks … Committee for Economic Development of The Conference Board awards Corporate Citizenship Award to Brookdale CEO Cindy Baier … Enterprise Community Development and Fellowship Square Foundation break ground on $86M senior housing redevelopment in Reston, VA … Berkadia secures $19M in financing for Maryland senior living community … Monticello provides $1.25M in working capital financing for a 181-bed PA SNF … MedCore Partners and TNRG begin construction on Texas senior living community
COVID-19 is exhausting. That was the consensus of speakers focusing on issues related to the senior living workforce during the 2020 National Investment Center for Seniors Housing & Care Fall Conference, which is being held virtually this week and next.
